The Community Development Commission has approved a supportive housing development located at 3346 W Carroll Avenue in East Garfield Park. Currently a vacant lot, the project site is an infill site along W Carroll Avenue, just off of N Homan Avenue. The property backs up to the westbound Metra tracks. Breakthrough Urban Ministries, a local nonprofit organization, will be developing the building.
Community Development Commission
The Chicago City Council has approved the Regal Mile Studios development located at 7700 S Stony Island Avenue in South Shore. The large triangular site is bound by S Stony Island Avenue to the east, E 77th Street to the north, and S Chicago Avenue to the southwest. Formerly the home of a Kmart, the almost seven-acre parcel now sits vacant. Regal Mile Ventures LLC is the developer behind the project, composed of Loop Capital and Derek Dudley, a producer of Showtime’s The Chi series.
The Community Development Commission has approved $2 million in Tax Increment Financing (TIF) money for the Oakwood Shores Phase 3 development in Bronzeville. Located on two parcels, the project is the third installment of the overall plan to replace the CHA Madden/Wells housing development. The first plot is at 616 E Pershing Road, with the second parcel located at 552 E 38th Street. Both sites are currently vacant parcels. The Community Builders is the developer behind the project.
The Community Development Commission has approved $6 million in Tax Increment Financing (TIF) money for the development of Park Boulevard Phase 3B located at 3603 S Federal Street in Bronzeville. Part of the larger Park Boulevard community, the project is the next step in redeveloping the site of the former Chicago Housing Authority (CHA) Stateway Gardens housing projects. The overall property is bound by W 35th Street to the north, S State Street to the east, W 39th Street to the south, and the Metra tracks to the west. This portion of the plan is oriented along S Federal Street anchoring the stretch between W 35th Street and W 37th Street at each end. Stateway Associates LLC is the developer behind the project.
The Community Development Commission has approved a ground lease for the Boys and Girls Club of Chicago at 4433 W Chicago Avenue in Humboldt Park. Located along W Chicago Avenue, the property is midblock between N Kostner Avenue and N Kilbourn Avenue. Measuring 30,000 square feet, the site is within the 30-acre Joint Public Safety Training Academy. The Boys and Girls Club of Chicago are behind the proposal.